INDIAN NEWS & TIMES

Friday, February 3, 2023

Mr. Rahul Talele, Group CEO, Kolte-Patil Developers Limited said, “I am happy to report highest ever quarterly pre-sales of Rs. 716 crore, marking a growth of 95% QoQ and 28% YoY. This growth has been achieved on the back of firm realizations and highest ever quarterly sales volumes which improved 102% QoQ and 31% YoY. Our performance in Q3 was marked by significant contribution from new launches and continued momentum of […]

Categories: Real Estate

“The year 2022 has been a challenging year for the economy.The real estate industry grew in terms of absorption and new launches. Improving infrastructure and rental growth and institutional capital have been the additional key drivers. The sector is projected to grow consistently in the long run. We feel that real estate industry is moving beyond cyclical headwinds — i.e., rising interest rates, increasing raw material costs and uncertainties caused […]

Categories: Real Estate

Omaxe Ltd, India’s leading real estate developers, is getting ready to ring in 2023 with a fantastic New Year’s Eve gala event that dazzled the crowd with special effects like cold Pyro, Co2 Jet and Confetti Blast. The New Year’s Eve show guaranteed to be a showstopper that did herald the arrival of the new year with Vehemence at World Street, Faridabad. Since its inception, the Omaxe celebrations have become one of the […]

Categories: Real Estate

“The rate hikes by RBI won’t have a significant impact on the homebuying sentiment. However, the central bank has been on a rate-hiking journey in order to tame the rising inflationary pressures. Understanding this even homebuyers are aware of the fact that these rates were transient and unsustainable. They were expecting the hike and are thus prepared for it. Several banks have already started passing the burden to home loan […]

Categories: Real Estate

House of Hiranandani, India’s premium real estate developer,  has launched the fourth edition of its annual House of Happiness Festival. The festival comprises attractive offers and customer engagement programs that enhance the festive celebrations.  Prospective buyers get a chance to own a House of Hiranandani property at attractive prices. Also, the festive celebrations brings people together in different townships, and also provides a glimpse of the lifestyle enjoyed by residents […]

Categories: Real Estate

When it comes to financial planning, investments play a critical role in a person’s life. Real estate has long been regarded as one of the most important investment opportunities. Investing in real estate is not a new trend; on the contrary, it has long been a popular option. However, as real estate investing has evolved over time, particularly since the COVID era, investors now have access to a wide range […]

Categories: Real Estate

Whilst the pandemic has, and continues to, take its toll on our mental health, our priorities have shifted and a lot more value is being placed on wellbeing, health, family and a work-life balance. Employee wellness has been at the forefront of Embassy Group’s culture since their inception. This year, Embassy Group announces various unique initiatives to protect and improve mental well-being for its employees. The company declares 11 days […]

Categories: Real Estate

House of Hiranandani, India’s premium real estate developer announced its foray into the Non-Fungible Token (NFT) segment, becoming the first real estate developer in the country to jump on the NFT and Web3 bandwagon.  The brand’s maiden NFT series titled ‘DreamVerse’- Engineering Your Dreams is a limited edition of bespoke NFTs that enables NFT owners to gain access to exclusive design consultation with some of India’s leading design and staging […]

Categories: Real Estate

As a part of CREDAI-MCHI’s commitment to future-proofing the real estate industry by adopting digitization, CREDAI-MCHI, in association withThe Department of Registration and Stamps under the Government of Maharashtra, will introduce the E-registration Facility at the CREDAI-MCHI Property Fest. The 30th edition of the flagship event will be held from 13th-16th October 2022 at MMRDA Grounds, Mumbai.This initiative aims to facilitate ease of buying for homebuyers to further grow the largest real estate […]

Categories: Real Estate

The most landmark Circular issued by Maharashtra State’s Energy Department in conjunction with the Municipal Corporation and the Fire Departmenthas made it mandatory to install and operate a Fire Evacuation Lift in every High-Rise Building scaling 70-meters and above since January 2018. The Energy Department has issued the Circular as ‘Advisory on Installation of the Fire Evacuation Lifts in the High Rise Buildings having height 70 Meters and above.” Making the ‘Fire […]

Categories: Real Estate

“This quarter has been witnessing a surge in property registrations and that’s great news for the Pune real estate market. Despite of the rise in the property prices due to 1% metro cess, the demand continues to be robust. Consumers are rushing to invest in properties as the prices are still attractive but there is a lingering fear of further rise in the interest rates causing home prices to remain […]

Categories: Real Estate

Amongst Pune’s most reputable real estate developers with a proven track record of over 25 years, Pinnacle Group, has successfully completed the phase 1 of their latest, award-winning mixed-use property – 9 Sadashiv Peth – in Pune. After almost a decade of perseverance and commitment, the company has realized Founder Gajendra Pawar’s vision of uplifting the local community’s way of life, while also preserving the core essence of Sadashiv Peth area – […]

Categories: Real Estate

The Maharashtra Chamber of Housing Industry, a member of the Confederation of Real Estate Developers’ Associations of India (MCHI-CREDAI), today opened doors to the 22nd Real Estate and Housing Finance Exhibition in Mumbai from 17th  – 20th October, 2013. The Expo was inaugurated by Shri Mohammed Arif Naseem Khan, Cabinet ministers for Textiles, Minorities Development and AUKAF, Govt. of Maharashtra along with Guest of Honour, Shri A. Krishna Kumar, Managing Director, State Bank of India. Bollywood Actor Suniel Shetty was also present, to […]

Categories: Real Estate

NAREDCO is organising a tour of Dubai from 06th to 8th September 2013 under the leadership of Hon’ble Minister of Housing & Urban Poverty Alleviation Smt. Girija Vyas, for which the Hon’ble Minister has given her consent Mr. Navin Raheja, President of NAREDCO  said “The objective of the tour is to study & explore the possibility of import of new construction technologies & foreign direct investments, including investments by NRIs, […]

Categories: Real Estate

“Real Estate has emerged as an increasingly strategic domain that influences various strata of society” said Dr Girija Vyas, Hon’ble Minister of Housing & Urban Poverty Alleviation, Govt of India at CII’s REALTY 2013 – 9th edition of Real Estate Conference   in New Delhi Dr Vyas added that 21st century is widely known for century of urbanisation for Asia & Africa and India’s population would reach to 590 million by the […]

Categories: Real Estate

Kolte-Patil Developers Ltd (KPDL) (BSE: 532924), one of the top real estate developers in India, announced plans to foray into the burgeoning real estate market in Mumbai with a Redevelopment Project in a prime location at Khar (W) on Linking Rd. The project Link Palace Premises Co-operative Society Ltd at Khar (W) is on a plot of 1594 sq. mts with a total developable area is about 0.1 mn. sq. […]

Categories: Real Estate

With the recurring slide of the rupee against the US dollar becoming a cause of concern for many, but Aanya Real Estate Pvt Ltd, a real estate arm under Soham World Group, Soham World sees tremendous opportunities for the non-resident Indians  to invest in India’s realty industry Aanya Real Estate Pvt Limited, a real estate arm under Soham World Group, is one of Mumbai’s premier real estate companies Mumbai-based Aanya […]

Categories: Real Estate

DR. EM Sudarsana Natchiappan, Minister of State for Commerce and Industry inaugurated CII’s  3rd Regional Conference on Infrastructure Management in Delhi. CBRE is the knowledge partner for the conference Dr Natchiappan said that Infrastructure Development is a priority for the Government in order to develop the nation. He emphasised that corporates should focus on nation building the need of the hour should be on management services. He further mentioned that people are […]

Categories: Real Estate